National Commodity & Derivatives Exchange (NCDEX)

Financial Services · NSE-listed subsidiary · CIN: U519092003PLC140116

Financial Services

Unlisted

Current Price

₹360

52W Low

₹273

▲ 5.2% this month

- 3.2% this month

52W High

₹525

Market Cap

₹1,824.48 Cr

▲ 5.2% this month

- 3.2% this month

Price Performance

Historical indicative price trend

Key Financials

Revenue (TTM)

₹90.44 Cr

Net Profit

₹-46.24 Cr

EBITDA

₹-38.44 Cr

EPS

₹-6.36

ROE

-4.09%

ROCE

-3.87%

Debt / Equity

-

Book Value

₹297.46

Face Value

10

About

National Commodity & Derivatives Exchange (NCDEX)

Founded

23/04/2003

Headquarters

Mumbai, Maharashtra, India

Employees

NA

Listed (IPO)

Unlisted

NCDEX (National Commodity & Derivatives Exchange) is a SEBI-regulated, demutualised commodity derivatives exchange providing an electronic platform for trading in agricultural and select non-agri futures and options. Incorporated in 2003 and headquartered in Mumbai, it is recognised as a Market Infrastructure Institution focused on transparent price discovery and risk management for farmers, FPOs, hedgers and financial investors.
The group operates through entities such as National Commodity Clearing Limited (NCCL) and NCDEX Institute of Commodity Markets & Research (NICR), which handle clearing and market education. Strategically, NCDEX positions itself as India’s leading agri-risk platform while preparing to diversify into equities and equity-derivatives, backed by marquee domestic investors and a long trading track record.

Shareholders

Name

2026

Individuals

21.36%

Corporates

37.32%

Financial Institutions & Banks

24.42%

Insurance Companies

11.10%

Others

5.80%

Promoter and Management

Promoter and Management

Designation

Mr. Ashish Bahuguna

Chairman

Mr. Arun Raste

MD & CEO

Mr. Atul Roongta

CFO

Particulars

FY22

FY23

FY24

FY25

FY26

Total Revenue

154.37

135.57

136

122.06

153.37

Total Revenue YoY Growth (%)

3.67

-12.18

0.32

-10.25

25.65

EBITDA

9.24

-31.38

-7.22

304.91

-38.44

EBITDA Margin (%)

8.01

-30.19

-7.49

345.74

-42.5

EBIT

-15

-56.5

-31.84

-73.95

-61.72

EBIT Margin (%)

-13.01

-30.19

-33.03

-83.85

-68.24

PBT

-16.88

-58.01

-33.2

278.82

-63.99

PBT Margin (%)

-14.64

-55.82

-34.44

316.16

-70.75

PAT

-12.26

-42.37

-27.7

236.09

-46.24

Revenue from Operations

115.33

103.93

96.4

88.19

90.44

YoY Growth (%)

-11.81

257.59

-35.83

-1011.67

-113.57

EPS (Diluted ₹)

-2.24

-8.01

-5.14

46.86

-6.36

Particulars

FY22

FY23

FY24

FY25

FY26

Total Non-Current Assets

234.12

272.76

211.99

452.41

795.42

Total Current Assets

697.22

596.82

618.86

793.5

1208.1

Total Assets

931.34

875.99

838.28

1245.91

2003.52

Total Non-Current Liabilities

32.78

27.54

28.08

54.08

84.16

Total Current Liabilities

372.52

355.41

334.22

441.23

411.83

Total Liabilities

405.3

382.95

334.22

495.31

495.99

Total Equity

526.04

493.04

475.97

750.6

1507.53

Total Liabilities and Equity

931.34

875.99

838.28

1245.91

2003.52

Particulars

FY22

FY23

FY24

FY25

FY26

Cash & Cash Equivalents (Closing)

116.16

63.66

97.81

162.35

204.56

Operating Activities (A)

-180.59

-96.89

-55.41

11.84

-133.7

Investing Activities (B)

52.07

97.14

95.97

60.18

-579.78

Financing Activities (C)

-8.26

-8.41

-6.41

-7.48

-

Net (Decrease) / Increase (A+B+C)

-136.78

-8.16

34.15

64.54

-

Particulars

FY22

FY23

FY24

FY25

FY26

Current Ratio (x)

1.87

1.68

1.85

1.8

2.93

Cashflow Ratio (x)

-0.48

-0.27

-0.17

0.03

-0.32

EBIT Margin (%)

-13.01

-54.36

-33.03

-83.85

-68.24

Net Profit Margin (%)

-10.63

-40.77

-28.73

267.71

-51.13

ROA (%)

-1.32

-4.84

-3.3

22.25

-2.84

ROE (%)

-2.33

-8.59

-6.07

37.52

-4.09

ROCE (%)

-3.69

-11.36

-9.88

0.34

-3.87

Operating Profit Margin (%)

-

-

-

-

-

PBT Margin (%)

-14.64

-55.82

-34.44

316.16

-70.75

EBITDA Margin (%)

8.01

-30.19

-7.49

345.74

-42.5

Debt to Equity (x)

0

0

0

0

0

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Quick Snapshot

ISIN

INE218H01017

CIN

₹10

Industry

Financial Services

Lot Size

50 Shares

Dipository:

NSDL & CDSL

PAN No.

AABC19479D

Registration Date

23/04/2003

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